Tuesday, January 27, 2015

Book Review: Krupp: A History of the Legendary German Firm

A short book review for you today. 

Krupp is a German Company famous for its high quality steel, armaments, appliances and other products.  It is a prototypical German company that follows the German model of higher wages, export led growth, and close cooperation with the government. 

Krupp: A History Of The Legendary German Firm is an informative and easy- to-read history.  German corporations are distinctly different from American ones: they are typically family-owned and prize quality instead of cost saving. A lot of this is made possible by the extreme emphasis on export led growth, and the book is very informative on this point.

Monday, January 26, 2015

We Now Have First Research Industry Analysis Database


First Research - A great one stop location for industry surveys and analysis. 

Contains over 900 Industry Segments, updated constantly with monthly statistics and indicators as well as quarterly trend updates, and State Profiles to monitor monthly employment, business and real estate trends in each of the 50 US states. 

Monday, January 5, 2015

The Sharing Economy

You have heard of these companies: Uber, airbnb, Lfyt and more. If ordinary people just have unused seats in their cars and empty beds in their houses, the thinking goes, why not just rent them out for less than you'd pay for an actual taxi or hotel room?

The services have caught on because we live in a time of shrinking salaries  - thus the need for both cheaper products and services, as well as the need to make money on the side. 

For many Americans, this economic and social innovation has been quite useful. It's an interesting sign of the times and how we are responding to a disguised economics problem.

Links:

The sharing economy is about desperation.
NPR list of links about the sharing economy.